EverestIMS Technologies IPO
Updated 11 Nov 2026, 6:45 pm.
Minimum investment (Individual investors (IND))
₹2,72,000
2 lots · 3,200 shares at the upper price band
Price band
₹85
Latest GMP
₹50
+58.8% of the ₹85 upper band
Est. listing price
₹135
Issue size
₹46.02 Cr
Allotment status
Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised6 Oct 2026(done)
- Refunds start7 Oct 2026(done)
- Shares credited to demat7 Oct 2026(done)
- Listing8 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 8 Oct 2026, 8:50 am | ₹50 | ₹135 |
| 8 Oct 2026, 8:45 am | ₹50 | ₹135 |
| 7 Oct 2026, 6:50 pm | ₹58 | — |
| 7 Oct 2026, 6:45 pm | ₹55 | ₹140 |
| 7 Oct 2026, 1:50 pm | ₹63 | — |
| 7 Oct 2026, 1:45 pm | ₹55 | ₹140 |
| 7 Oct 2026, 8:50 am | ₹55 | — |
| 7 Oct 2026, 8:45 am | ₹55 | ₹140 |
| 6 Oct 2026, 6:50 pm | ₹50 | — |
| 6 Oct 2026, 6:45 pm | ₹42 | ₹127 |
| 6 Oct 2026, 1:50 pm | ₹50 | — |
| 6 Oct 2026, 1:45 pm | ₹42 | ₹127 |
| 6 Oct 2026, 8:50 am | ₹42 | — |
| 6 Oct 2026, 8:45 am | ₹42 | ₹127 |
| 5 Oct 2026, 6:50 pm | ₹42 | — |
| 5 Oct 2026, 6:45 pm | ₹40 | ₹125 |
| 5 Oct 2026, 1:50 pm | ₹40 | ₹125 |
| 5 Oct 2026, 1:45 pm | ₹40 | ₹125 |
| 5 Oct 2026, 11:31 am | ₹40 | ₹125 |
| 5 Oct 2026, 8:50 am | ₹40 | ₹125 |
| 5 Oct 2026, 8:45 am | ₹40 | ₹125 |
| 3 Oct 2026, 10:44 pm | ₹40 | ₹125 |
| 3 Oct 2026, 6:50 pm | ₹40 | — |
| 3 Oct 2026, 1:50 pm | ₹40 | — |
| 3 Oct 2026, 8:50 am | ₹40 | — |
| 2 Oct 2026, 6:50 pm | ₹40 | — |
| 2 Oct 2026, 1:50 pm | ₹28 | — |
| 2 Oct 2026, 8:50 am | ₹28 | ₹113 |
| 2 Oct 2026, 8:45 am | ₹28 | ₹113 |
| 1 Oct 2026, 6:50 pm | ₹15 | ₹105 |
| 1 Oct 2026, 6:45 pm | ₹20 | ₹105 |
| 1 Oct 2026, 1:50 pm | ₹14 | ₹105 |
| 1 Oct 2026, 1:45 pm | ₹20 | ₹105 |
| 1 Oct 2026, 8:50 am | ₹20 | — |
| 30 Sept 2026, 6:50 pm | ₹19 | ₹103 |
| 30 Sept 2026, 6:45 pm | ₹18 | ₹103 |
| 30 Sept 2026, 1:50 pm | ₹19 | ₹103 |
| 30 Sept 2026, 1:45 pm | ₹18 | ₹103 |
| 29 Sept 2026, 6:50 pm | ₹18 | ₹103 |
| 29 Sept 2026, 6:45 pm | ₹18 | ₹103 |
| 29 Sept 2026, 1:50 pm | ₹18 | ₹103 |
| 29 Sept 2026, 1:45 pm | ₹18 | ₹103 |
| 29 Sept 2026, 8:50 am | ₹18 | ₹103 |
| 29 Sept 2026, 8:45 am | ₹18 | ₹103 |
| 28 Sept 2026, 6:50 pm | ₹20 | ₹105 |
| 28 Sept 2026, 6:45 pm | ₹20 | ₹105 |
| 28 Sept 2026, 1:50 pm | ₹17 | ₹98 |
| 28 Sept 2026, 1:45 pm | ₹13 | ₹98 |
| 28 Sept 2026, 8:50 am | ₹13 | ₹98 |
| 28 Sept 2026, 8:45 am | ₹13 | ₹98 |
| 26 Sept 2026, 6:50 pm | ₹7 | ₹85 |
| 26 Sept 2026, 6:45 pm | ₹0 | ₹85 |
| 26 Sept 2026, 1:50 pm | ₹4 | ₹85 |
| 26 Sept 2026, 1:45 pm | ₹0 | ₹85 |
| 26 Sept 2026, 8:50 am | ₹0 | ₹85 |
| 26 Sept 2026, 8:45 am | ₹0 | ₹85 |
| 25 Sept 2026, 6:50 pm | ₹0 | ₹85 |
| 25 Sept 2026, 6:45 pm | ₹0 | ₹85 |
| 25 Sept 2026, 1:45 pm | ₹0 | ₹85 |
| 25 Sept 2026, 8:50 am | ₹0 | ₹85 |
| 25 Sept 2026, 8:45 am | ₹0 | ₹85 |
| 24 Sept 2026, 6:50 pm | ₹0 | ₹85 |
| 24 Sept 2026, 6:45 pm | ₹0 | ₹85 |
| 24 Sept 2026, 1:50 pm | ₹0 | ₹85 |
| 24 Sept 2026, 1:45 pm | ₹0 | ₹85 |
| 24 Sept 2026, 8:50 am | ₹0 | ₹85 |
| 24 Sept 2026, 8:45 am | ₹0 | ₹85 |
| 23 Sept 2026, 6:50 pm | ₹0 | ₹85 |
| 23 Sept 2026, 6:45 pm | ₹0 | ₹85 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹85
- Issue size
- ₹46.02 Cr
- Lot size
- 1,600
- Opens
- 29 Sept 2026
- Closes
- 5 Oct 2026
- Allotment
- 6 Oct 2026
- Listing
- 8 Oct 2026
- Est. listing price
- ₹135
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Maashitla Securities Pvt.Ltd.
- Minimum investment
- ₹2,72,000 (2 lots · 3,200 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Offer for sale
- ₹9 Cr
- Listing at
- BSE SME
- Refunds
- 7 Oct 2026
- Shares credited
- 7 Oct 2026
- Promoter holding
- 80.38% before · 58.98% after
- Lead managers
- Oneview Corporate Advisors Pvt.Ltd.
Offer documents & links
Subscription by category
As of 5 Oct 2026, 5:54 pm.
Total subscription
294.22x
Full issue details
Details as published for this issue, read 7 Oct 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 29 Sep to 5 Oct, 2026 |
|---|---|
| Listing Date | Thu, Oct 8, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹80 to ₹85 |
| Issue Price | ₹85 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 57,00,800 shares (agg. up to ₹ 48 Cr) |
|---|---|
| Reserved for Market Maker | 2,86,400 shares (agg. up to ₹ 2 Cr) KG Stock Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 43,07,200 shares (agg. up to ₹ 37 Cr) |
| Offer for Sale | 11,07,200 shares of ₹ 10 (agg. up to ₹ 9 Cr) |
| Net Offered to Public | 54,14,400 shares (agg. up to ₹ 46 Cr) |
| Share Holding Pre Issue | 1,70,44,578 shares |
| Share Holding Post Issue | 2,16,38,178 shares |
IPO Timetable (Tentative)
- IPO Open
- Tue, Sep 29, 2026
- IPO Close
- Mon, Oct 5, 2026
- Allotment
- Tue, Oct 6, 2026
- Refund
- Wed, Oct 7, 2026
- Credit of Shares
- Wed, Oct 7, 2026
- Listing
- Thu, Oct 8, 2026
Issue Reservation
- QIB47.38%
- NII (HNI)14.31%
- Retail33.29%
- Market Maker5.02%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 27,00,800 | 49.88% | 47.38% |
| - Anchor Investor | 16,12,800 | — | 28.29% |
| - QIB (Ex. Anchor) | 10,88,000 | — | 19.09% |
| NII (HNI) | 8,16,000 | 15.07% | 14.31% |
| - bNII > ₹10L | 5,44,000 | — | 9.54% |
| - sNII < ₹10L | 2,72,000 | — | 4.77% |
| Retail | 18,97,600 | 35.05% | 33.29% |
| Firm Reservations | |||
| Market Maker | 2,86,400 | — | 5.02% |
| Total | 57,00,800 | 100.00% | 100.00% |
EverestIMS Technologies IPO comprises a total issue size of 57,00,800 shares. The net offer to the public is 54,14,400 shares, after excluding 2,86,400 shares allotted on a firm basis. Of the Net offer 27,00,800 (49.88%) are allocated to QIB , 8,16,000 (15.07%) allocated to NII 18,97,600 (35.05%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3,200 | ₹2,72,000 |
| Individual investors (IND) (Max) | 2 | 3,200 | ₹2,72,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,08,000 |
| S-HNI (Max) | 7 | 11,200 | ₹9,52,000 |
| B-HNI (Min) | 8 | 12,800 | ₹10,88,000 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
IPO Anchor Investors
| Bid Date | Mon, Sep 28, 2026 |
|---|---|
| Shares Offered | 16,12,800 |
| Anchor Portion (₹ Cr.) | 13.71 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Nov 5, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Jan 4, 2027 |
EverestIMS Technologies IPO raises ₹ 13.71 crore from anchor investors . EverestIMS Technologies IPO Anchor bid date is September 28, 2026 .
📝 Anchor Investors Letter (PDF)
About EverestIMS Technologies Ltd.
Incorporated in April 2017, EverestIMS Technologies Limited is a software enterprise that offers both Software as a Service (SaaS) solutions and on-premise products and services. The company specializes in digital transformation, IT operations, and AI-driven product solutions to streamline IT processes, improve efficiency, and enhance user experiences. The company offers solutions for remote monitoring of critical network devices, servers, and applications, reducing downtime and improving IT operations with its platform ' Infraon Infinity '.
Products and Services
Information Technology Service Management (ITSM)
IT Infrastructure Management (ITIM)
Network Configuration and Change Management (NCCM)
AI For IT Operations (AIOPS)
IT Asset Management (ITAM)
Operation Support System (OSS)
The company engage in direct sales through both the Company and their subsidiary, Infraon Corp, located in the USA. In addition, they engage with domestic & international channel partners, distributors and sales agents who identify potential customers, work jointly with them to qualify and close deals.
The company generates revenue mainly from: (i) software product sales and (ii) service sales.
As of March 31, 2026, the company employed 230 people.
Competitive Strength
Experienced core team supported by experienced and senior management team.
The "Infraon Infinity" platform offers AI-driven modules for On-Premises and SaaS customers.
Cordial relationship with the channel partners.
Diversified Platform Development and Market Expansion.
Company Financials (Restated Consolidated)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 90.27 | 67.82 | 50.47 |
| Total Income | 65.91 | 57.78 | 45.62 |
| Profit After Tax | 13.14 | 14.08 | 10.83 |
| EBITDA | 23.34 | 22.64 | 17.44 |
| NET Worth | 60.59 | 47.41 | 32.22 |
| Reserves and Surplus | 43.54 | 30.37 | 30.39 |
| Amount in ₹ Crore |
EverestIMS Technologies Ltd.'s revenue increased by 14% and profit after tax (PAT) dropped by 7% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Software Products
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sotefin Bharat Ltd. | SME | ₹89.76 Cr | ₹187 | 14.38 | ₹215.25 | +15.11% | ₹258.65 |
| Mobilise App Lab Ltd. | SME | ₹20.10 Cr | ₹80 | 11.88 | ₹67.30 | -15.88% | ₹103.25 |
| Capillary Technologies India Ltd. | Mainboard | ₹877.50 Cr | ₹577 | 298.93 | ₹606.50 | +5.11% | ₹587.20 |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of IT hardware for setting up of Artificial Intelligence (AI) Innovation and Experience Laboratory | 5.66 |
| 2 | Working Capital Requirement | 24.00 |
| 3 | General Corporate Purposes | — |
| Total | 29.66 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 40.30% |
| ROCE | 40.71% |
| RoNW | 33.53% |
| PAT Margin | 23.66% |
| NAV | 19.52 |
| P/B (x) | 4.35 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.71 | 6.07 |
| P/E (x) | 11.02 | 14 |
| Market Cap at Offer Price | ₹144.88 Cr. | ₹183.92 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group80.38%
- Public19.62%
Post IPO
- Promoter and Promoter Group58.98%
- Public41.02%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 80.38% | 58.98% |
| Public | 19.62% | 41.02% |
| Total | 100% | 100% |
Company Promoters: Satish Kumar Vijayaragavan, Sudhakar Aruchamy, Ramesh Pratap Tiwari, Arun Prasath Ramadoss, Deepak Kumar Shenbagarajan, Srikanth Audina, N Ganesh Kumar and Deepak Gupta.
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Offer For Sale - Selling Shareholders
| Name | Category | No. of Shares Offered | Amount (₹ cr.) |
|---|---|---|---|
| Satish Kumar Vijayaragavan | Promoter | 1,10,400 | 0.94 |
| Srikanth Audina | Promoter | 1,10,400 | 0.94 |
| Sudhakar Aruchamy | Promoter | 1,10,400 | 0.94 |
| Ramesh Pratap Tiwari | Promoter | 1,10,400 | 0.94 |
| N.Ganesh Kumar | Promoter | 1,10,400 | 0.94 |
| Deepak Kumar Shenbagarajan | Promoter | 1,31,200 | 1.12 |
| Deepak Gupta | Promoter | 1,10,400 | 0.94 |
| Arun Prasath Ramadoss | Promoter | 1,43,200 | 1.22 |
| Prakash Bhat | Other | 33,600 | 0.29 |
| Abhirup Sarkar | Other | 43,200 | 0.37 |
| Praveen Kumar Sinha | Other | 38,400 | 0.33 |
| Ramya Sellamuthu | Other | 24,000 | 0.20 |
| Samaresh Mandal | Other | 31,200 | 0.27 |
| Total | — | 11,07,200 | 9.41 |
EverestIMS Technologies IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 1 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 148.63 | 10,88,000 | 16,17,13,600 | 0 |
| NII * | 548.61 | 8,16,000 | 44,76,64,000 | 0 |
| bNII (> ₹10L) | 657.72 | 5,44,000 | 35,77,98,400 | — |
| sNII (< ₹10L) | 330.39 | 2,72,000 | 8,98,65,600 | — |
| Individual Investor | 268.29 | 18,97,600 | 50,91,10,400 | 0 |
| Total | 294.22 | 38,01,600 | 1,11,84,88,000 | 2,04,926 |
The EverestIMS Technologies IPO is subscribed 294.22 times on October 5, 2026 5:54:36 PM (Day 4). The public issue subscribed 268.29 times in the individual investors category, 148.63 times in the QIB category, and 548.61 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 2,04,926
*Market Maker portion is not included to NII/HNI.
IPO Notices
Please find Addendum to DRHP here
📰 EverestIMS Technologies Ltd. - Useful Articles
› EverestIMS Technologies’ IPO Opens Today; Vijay Kedia, 9 Alps and AI-Led Growth Strategy Put Company in Focus
IPO Registrar
Maashitla Securities Pvt.Ltd.
011-45121795
ipo@maashitla.com
IPO Lead Manager(s)
Oneview Corporate Advisors Pvt.Ltd.
Contact Details
EverestIMS Technologies Ltd. Address
No.759, Sree Gururaya Mansion
South Wing 8th Main,
J.P.Nagar, III Phase
Bengaluru, Karnataka , 560078
080 - 46567100
cs@everestims.com
EverestIMS Technologies IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
EverestIMS IPO Allotment Status: Check Share Allocation Online
HDFC Sky · 6 Oct 2026
Everestims Technologies IPO sees 274x subscription, GMP surges to 49%
Motilal Oswal · 5 Oct 2026
Everestims IPO draws 274x demand for its $5.03M offering
Dealroom · 5 Oct 2026
EverestIMS Technologies IPO Day 4 Subscription Status: 294.22x
HDFC Sky · 5 Oct 2026
Everestims Technologies IPO subscribed 274 times on final day; GMP jumps to 49%
Moneycontrol.com · 5 Oct 2026
EverestIMS Technologies IPO Allotment Status: 1.70x Subscribed, Check Online
Univest · 5 Oct 2026
EverestIMS Technologies IPO Day 4 Subscription Status 5 Oct 2026
Univest · 5 Oct 2026
EverestIMS Technologies - IPO bonanza: 29 companies to list this week; GMPs signal returns of up to 59%
The Economic Times · 4 Oct 2026
EverestIMS Technologies: common questions
Answered from this issue's own record.